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Apple Says Generative AI Isn’t Good at Math: What It Means to Banks and Credit Unions

Gonzobanker

Six in 10 Gen Zers and millennials, half of Gen Xers, and a third of baby boomers said they’ve received recommendations for at least one of eight financial products. from millennials and 3.9 However, the conclusions from a new Apple study might make consumers rethink using ChatGPT—and other generative AI tools—to get financial advice.

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Millennials Are Ready for the Bank of Amazon

Bank Innovation

11 survey from Accenture, millennial participants would consider parking their money with nontraditional institutions, and they picked winners. Attractive alt-banking contestants included Apple and Facebook, but it was Google, and of course, Amazon, Read More. Amazon wins, once again, at a game it didn’t even know it was playing.

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Why (Win Or Lose) Apple Card May Already Be Changing Payments

PYMNTS

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. One might argue that the shifts have been better or for worse (when was the last time one could separate a millennial from their iPhone for a decent conversation?), The digital card will be linked to Apple Pay.

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What Hath Bridge Millennials Wrought To Commerce And Payments?

PYMNTS

The new year will bring a new round of one of the hottest games in the payments-and-commerce world: What makes millennials tick? Census, millennials are 25 to 34 years old. The reason for that is because data shows a significant difference in payments and commerce between this segment and the Census view of millennials.

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Is It Time For Apple To Allow Others Access To The iPhone NFC Chip?

PYMNTS

Just as many boomers have made the digital shift as millennials, and as many of those living in big cities and towns have made the shift as those living in less populated areas. Those conversations have largely ignored the Biggest Tech company of all, Apple, and Apple Pay. Apple Pay’s Digital-First Disconnect.

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Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. Reuters noted that migration to other areas of the country is playing a role, with Santa Clara County — home to Alphabet, the Google parent, and Apple — seeing the biggest decline.

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The Millennial-Driven Evolution Of Jet.com

PYMNTS

To get more millennials on board, the Bentonville, Arkansas-based retailer is rolling out offerings designed to attract younger, well-to-do consumes in urban areas. Jet.com is broadening its selection and rolling out same-day delivery in the Big Apple for kinds of items that millennials purportedly crave, like craft beer and local foods.